The All India Soccer Federation (AIFF) on Tuesday handed a price range of Rs 134 crore — a rise of practically 50 crore from final yr — for 2023-24 throughout its Annual Basic Assembly in Bengaluru.
The AIFF price range for 2022-23 was Rs 87 crore, which its basic secretary Shaji Prabhakaran had termed “meagre” for a giant nation like India.
“Sure, we handed a price range of Rs 134 crore (a elevate of precisely 54 p.c) for 2023-24 monetary yr. Final yr’s price range was Rs 87 crore,” AIFF’s finance committee chairman Menla Ethenpa instructed PTI.
Ethenpa, who can also be the Sikkim Soccer Affiliation president, attended the AGM, the primary below the brand new dispensation led by president Kalyan Chaubey. He took cost in September final yr.
The AGM additionally authorized the appointment of a statutory auditor to audit the accounts of the federation and the monetary statements and audit reviews of 2022-23.
Representatives from 34 member state associations and two affiliate members — Railways Sports activities Promotion Board and Providers Sports activities Management Board — attended the AGM. Observers from FIFA, AFC and IOA, in addition to a consultant of AIFF advertising companions FSDL, had been additionally current.
Prabhakaran had earlier complained that the AIFF price range was too low and it needs to be elevated manifold.
Prabhakaran additionally stated that the upcoming I-League season (2023-24) will most definitely see a convention fashion competitors just like the one within the USA.
“We’ll focus on with the I-League groups very quickly after which take a closing determination. However I really feel it (convention fashion I-League) ought to begin from the upcoming season,” he stated on Tuesday.
“We now have determined to induct 5 new groups to I-League however there are formalities to be accomplished. They must fulfil sure standards (Membership Licensing Standards),” he added.
Underneath the convention system, the groups could possibly be divided into two conferences. Every convention shall be made up of groups that are in geographical proximity. The groups in every convention will play residence and away and the highest 4 from each teams will compete for the title. The remaining groups will have interaction in a battle to keep away from relegation.
This might scale back the operational price of the golf equipment as they won’t have to journey too far to play away matches.
Prabhakaran had final month stated that the I-League wants restructuring in order that smaller golf equipment can survive by chopping down their gamers’ journey and lodging price.
He had stated if the cash spent on logistics is diminished, golf equipment with much less price range will survive and that can even assist in the I-League having extra groups throughout the nation.
“The golf equipment shouldn’t put 80 per cent of their cash on logistics. Presently, it is solely 20 per cent, which goes to soccer, the remaining goes to logistics. It could’t be like this,” Prabhakaran had instructed PTI.
“We now have to see how we are able to scale back the price of operation of golf equipment. The concept is to not scale back the price range, however that price range shouldn’t be used as price for flying and for lodge. It could possibly be used for the bottom to create a greater product.
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